2nd Oct 2022
GBP will continue to be weaken with printing of money + cutting interest rate.
USD will continue to be strengthen with tighten QE + increase interest rate.
Therefore, from fundamental perspective, we don't see any upside for GBPUSD.
Wait for the price to rebound back to the circle area or near 40days MA to short it down again.
Target: 1:1 parity...
24th Sep 2022
Break and closed below 1670 the Pivot level, will send the price to next level around 1570.
Holding Dollar should be the safe heaven compare to Gold which no longer the inflation hedging tools at the moment.
Congrats once again if you have shorted and TP at 30k last week.
DJI closed and supported at 200days Moving average in the weekly chart.
Next level target around 28k.
10th Sep 2022
Be caution not to fall into any bull trap.
With quantitative-tightening to $95 billion this month (SEP) and another 75 basis point rate hike, we should be eying next level to short instead.
Next Resistance, break $4, $5 round figure. Covering the gap in Mar 2022
Good news in both Uber and Lyft earnings last week.
Watch out on 25aug 2022 for Grab earning report.
10th July 2022
Monthly chart we can see resistance turn support @ $51.
Will commodities crude oil, natural gas all spiking up, we may see some greenside in the solar sector.
First TP @ $100
25th June 2022
Continue to hold for those who follower who have entered last week.
Next level, we are eying 50% fibo at the price of 57/58.
Break above 50%, we eye 61.8% (which is possible which bullish bias on both HSI and China market)
25th June 2022
PayPal finally reached to the level between 70-80 which I mentioned during March 2022.
This price range is very attractive to add in some position into your portfolio or otherwise for those people who wish to do DCA.
25th June 2022
Strength to go up may continue next week to cover the gap around 32k/32.2k before the next market storm.
If you have long last week, may partial profit and ride another partial position.
be fearful when others are greedy and be greedy when everyone is fearful.
Many people will tend to stay away from cryptocurrency at the moment after many incident happen such as Luna coin, Crypto companies going bust, cutting employee etc etc.
However, looking into Bitcoin chart with 20k well supported, we may see some light in Coinbase at the...
50% Fibo may be the support turn resistance line.
If price able to close above 50% fibo next week, we may want to wait till price get nearer to 61.8% to short it down or nearer to last week high.
With all Y-o-Y improve data from the China side, more upside for the coming few week to month.
TA perspective, Well supported since 2014 and eying for next FIBO level.
3 important support
1) 30k Major support level (The break last week might be to wipe out all stop-loss before it recover)
2) Support by 61.8% Fibo level
3) 200days MA in the weekly chart act as a support around 29300-30k
Above 3 reason just to give some sign of dead cat bounce but overall still downtrend.
